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Launched

PGIM Jennison International Opportunities ETF

PJIONYSE ArcaPGIMF

$57.67+0.07 (+0.12%)

As of Nov 2, 2026, 3:46 PM ET

F53/ 100

Rank 5 of 14 in International Active Growth

F53/100Rank 5 of 14inInternational Active Growth
Intraday session: up, 70 prints from 57.60 to 57.67. Range 57.60 to 58.36. Use the arrow keys to read each point.57.8058.0058.2058.4010 AM12 PM2 PM4 PM
Expense ratio
0.54%
Fund size
$59M
1Y total return
−9.6%
Yield · Last 12 months
0.20%
Holdings
37
Avg volume · 30D
12.2K sh
52W range
low $53.03high $70.89
Launched

The ETF.net PJIO Grade

Based on 5 of 6 pillars

F

Score 53 out of 100

Category
International Active Growth⁠
Rank
5 of 14
Six-pillar profile for PJIO. Scores out of 100: Cost 76, Risk 23, Mission not scored, Tradability 55, Holdings 30, Durability 58. Strongest: Cost (76). Weakest: Risk (23). Based on 5 of 6 pillars.

Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25. The letter stays F for now. A new letter must hold for 3 published runs before it replaces it.

  • Cost

    The fund’s net expense ratio, ranked against its category.
    A76 out of 100
    Rank 3 of 14

  • Mission

    Whether the fund did what it promised, tested against its stated mandate.
    Not scored

  • Risk

    How the fund held up when markets fell: downside volatility, drawdowns and tail loss.
    F23 out of 100
    Rank 12 of 13

  • Tradability

    How easy the fund is to trade: daily volume, and how far its price strays from net asset value.
    B55 out of 100
    Rank 8 of 14

  • Holdings

    How concentrated the fund is, and how complete and current its disclosed holdings are.
    D30 out of 100
    Rank 12 of 13

  • Durability

    Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.
    B58 out of 100
    Rank 6 of 14

Our read on PJIO

ETF.net Research

In short

FJennison's concentrated international growth playbook, in an ETF: a compact book of non-U.S. stocks picked one at a time. PGIM has announced a rename and a fee cut to 0.54%, so read the current prospectus.

Stated mandate

Seeks long-term growth of capital by investing primarily in non-U.S. companies, including issuers in emerging and frontier markets, using fundamental research and systematic portfolio construction.

Why people hold it

  • Real stock picking, not index-hugging: a non-diversified, high-conviction growth portfolio from Jennison Associates, which PGIM says has run equity strategies for over 50 years.pgim.com
  • The mandate reaches past the usual developed-market blue chips into emerging and frontier issuers, measured against the MSCI ACWI ex USA Index.
  • PGIM has announced an expense ratio cut to 0.54%, level with the cheapest active international growth funds in its peer set (CGXU at 0.54%, JIG at 0.55%).pgim.com

Worth knowing

  • PGIM has announced a repositioning and rename to the PGIM Jennison Focused International Equity ETF, so the strategy described today may not match the one after the change.pgim.com
  • Non-diversified by design: a slip in one big holding lands harder than it would in a broad index fund, and growth styles can sit out of favor for long stretches.pgim.com
  • Small and lightly traded, so bid-ask spreads carry more weight here than at a mega-fund. Limit orders are the standard tool for that.

PJIO Holdings

Holdings pillarD30 out of 100Rank 12 of 13 in International Active Growth
Asset class
Stocks
Holdings
37
Top-10 weight
53%
Largest holding
TSM11.2%

Sectors

  • Technology41.4%
  • Industrials26.4%
  • Consumer Discretionary11.8%
  • Health Care8.7%
  • Communication6.1%
  • Consumer Staples3.0%
  • Financials2.7%

Geography

  • Taiwan17.85%
  • Netherlands11.09%
  • Switzerland10.99%
  • United Kingdom10.63%
  • United States10.25%
  • France8.03%
  • Japan7.81%
  • South Korea4.33%
  • Other countries (6)19.03%

Developed 72% · Emerging 28% of the foreign sleeve

The fund’s holdings, weight-ordered — page 1 of 3.
#TickerCompanyWeight %SharesMarket valueHeld by ETFs
1TSMTaiwan Semiconductor Manufacturing Co Ltd11.24%15,377$6.64M283
2ASMLAsml Holding NV7.53%2,653$4.45M211
3GALD.SWGalderma Group AG4.98%12,816$2.94M132
4ARGXArgenx SE4.51%2,968$2.66M75
5RR.LRolls-Royce Holdings PLC4.50%155,391$2.66M149
6SAF.PASafran SA4.38%8,306$2.59M156
7005930.KSSamsung Electronics Co Ltd4.25%14,460$2.51M182
86857.TAdvantest Corp4.19%10,561$2.48M186
9ABBN.SWAbb Ltd3.55%23,685$2.1M183
10OR.PAL'oreal SA3.51%4,377$2.07M134
11SHOP.TOShopify Inc3.45%12,204$2.04M127
12ASM.ASAsm International NV3.37%2,258$1.99M149
13IHG.LIntercontinental Hotels Group PLC3.35%11,809$1.98M100
14FWONKLiberty Media Corp3.34%21,332$1.98M136
15SAAB-B.STSaab Ab3.25%28,012$1.92M79

Showing 1–15 of 37 holdings

PJIO Performance

Launched Dec 14, 2023

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

Not enough history yet.Not enough history yet.Not enough history yet.
PJIO$9,038
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$11,199
Oct 31, 2025 to Oct 30, 2026. PJIO $9,038. SPY $11,199. Use the arrow keys to read each point.$9,000$10,000$11,000Oct 2025Apr 2026Oct 2026

Oct 31, 2025 – Oct 30, 2026

Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for PJIO. Periods over one year show the average yearly return.
PeriodPJIO
Year to date−6.0%
1 month−8.2%
3 months−5.7%
1 year−9.6%
3 yearsFund is under 3 years oldper yearNo data
5 yearsFund is under 5 years oldper yearNo data
10 yearsFund is under 10 years oldper yearNo data

With distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PJIO
YearReturn barPJIO
2026 YTD−6.0%
2025+17.7%
2024+4.6%
2023−0.4%

History from Dec 19, 2023

PJIO in the news

PJIO Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Oct 30, 2026.
0.20%Last 12 months
Payout per share
$0.12Last 12 months
Last payment
$0.12 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Irregular

Distribution history

2024–2026

One bar per payment. 2 payments from 2024 to 2026 YTD. Dec 27, 2024 $0.11; Dec 30, 2025 $0.12. Use the arrow keys to read each point.202420252026YTD
Ex-datePay dateAmount per share
Dec 30, 2025Jan 2, 2026$0.12
Dec 27, 2024Jan 3, 2025$0.11

$10,000 in PJIO 1 year ago paid $18.32 in dividends.

PJIO Risk

Risk pillarF23 out of 100Rank 12 of 13 in International Active Growth
How much the fund’s monthly returns vary, scaled to a year.
18.9%
Annualised · 34 months to Oct 2026
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
0.13
vs 3-month T-bills · 34 months to Oct 2026
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
−19.4%
34 months · trough Jul 2026
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
1.12
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

FMP measures it over up to five years of monthly returns.

PJIO Cost

Compare PJIO and PJIN

Overpaying vs PJIN, cheapest in International Active Growth

$5,961

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

  • PJIO 0.54%

    $10,720

  • PJIN 0.23% Cheapest

    $4,759

$10,000
30 years

Cost over time

  • PJIO 0.54%
  • PJIN 0.23%
  • Overpaying
One line per fund, from year 0 to year 30. Use the arrow keys to read each point.$0$2.5K$5K$7.5K$10K$12.5K051015202530PJIO $10,720PJIN $4,759

Year by year

YearPJIOPJINOverpaying
10$971$419$552
20$3,724$1,630$2,094
30$10,720$4,759$5,961

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